The Precaution of Enterprise Internal Control under the ERP System

Author

Wei-hua, Xu

Author_Institution

Shanghai Inst. of Foreign Trade, Shanghai, China

fYear

2011

fDate

29-31 July 2011

Firstpage

10

Lastpage

13

Abstract

Considering the undesired situation of implementation of ERP system in our country, the author briefly introduced five basic essential factors which were regulated in Corporate Internal Control Standard published in 2008. In this paper, in order to demonstrate the differences of the internal control used ERP system, I use one company´s purchasing and payment system to introduce you the probable risks which may occur in their internal control and how to avoid these internal control risks in ERP system. And in the end of the paper, I concluded another 6 key control points when using ERP system for references.

Keywords

enterprise resource planning; financial data processing; purchasing; risk management; ERP system; corporate internal control standard; enterprise internal control; internal control risks; payment system; purchasing system; Companies; Contracts; Control systems; Materials; Personnel; Process control; ERP System; Financial Risks; Internal Control; Payment; Purchasing;

fLanguage

English

Publisher

ieee

Conference_Titel

Business Computing and Global Informatization (BCGIN), 2011 International Conference on

Conference_Location

Shanghai

Print_ISBN

978-1-4577-0788-9

Electronic_ISBN

978-0-7695-4464-9

Type

conf

DOI

10.1109/BCGIn.2011.11

Filename

6003837